38, Banks Way
38, Banks Way
Description & Estimates
38, Banks Way, Lancaster is recorded publicly as a mid-century freehold house across 914 ft2 of internal area, sitting on a 181 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 38, Banks Way, Lancaster is £176,481 and its rental estimate is £1,039 per month, given the available information and assuming reasonable condition.
Banks Way, Bentham, Lancaster, LA2 falls within the LA2 postal district.
Our Data Sources
38, Banks Way, Lancaster has 2 entries in the Land Registry , most recently in February 2023 and a single entry in the EPC database dated December 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 38, Banks Way, Lancaster, we estimate a market value of £185,305 and a rental value of £1,091 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £164,127 and £966 per month respectively.
Recent Market Change
Over the last year, 38, Banks Way, Lancaster has seen its estimated sale value grow by £630 (0.4%) and its estimated rental value climb by £33 per month (3.1%). This results in an estimated gross rental yield of 7.1%.
Plot Size
HM Land Registry records the plot of land for 38, Banks Way, Lancaster as measuring 181 m2.
That makes it the 15th largest plot in the postcode, where 16 of the 32 other houses have recorded plot data.
Energy Efficiency
38, Banks Way, Lancaster has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Dec 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 38, Banks Way, Lancaster completed on 14th February 2023 at £174,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 35.5% over the period since February 2023.
- Sold Feb 2023£174,000
- Sold Feb 2020£142,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 38, Banks Way, Lancaster have sold within a radius of 3.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th March 2026, was 66, Goodenber Road, Lancaster, LA2 7JE, a freehold house which sold for £187,000.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 42 addresses on Banks Way, Bentham, Lancaster, LA2, 38, Banks Way, Lancaster comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £144k less expensive than the average property across the LA2 district.
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Schools Nearby
- 600mBentham Community Primary School
- 4.1kmIngleton Primary School
- 4.8kmTatham Fells Church of England Voluntary Controlled Primary School
- 10.9kmQueen Elizabeth School
- 10.9kmQueen Elizabeth Studio School
- 15.7kmSettle College
More reading links
Public Transport Nearby
From 38, Banks Way, Lancaster, the nearest station is Bentham, 500 metres away.
- 500mBentham
- 5.0kmWennington
- 6.8kmClapham (North Yorkshire)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
